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Business See other Business Articles Title: Stock Market Correction Hits Religious Foundations
Source:
Ministry Watch
URL Source: https://ministrywatch.com/stock-mar ... on-hits-religious-foundations/
Published: Feb 3, 2023
Author: Shannon Cuthrell
Post Date: 2023-02-03 15:31:02 by Charles_Byrd
Keywords: None Views: 105
Foundations and donor-advised funds (DAFs) are witnessing a natural self- correction from the last few years of elevated stock market gains and unprecedented donations. This comes after DAFs posted significant growth across grants, contributions and charitable assets in 2021, according to a report released last November by the National Philanthropic Trust, which examined nearly 1,000 charities that sponsor or manage DAFs and report at least $1 billion in assets. Click for Full Text! Post Comment Private Reply Ignore Thread
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